https://www.taxtmi.com/caselaws?id=761701 ITAT Cochin allowed the appeal for statistical purposes where assessee claimed tenant deducted TDS but failed to deposit with Central Government. The matter involved mismatch between tax credits claimed and allowed due to Form 26AS not reflecting TDS amounts. ITAT held that assessee cannot be proceeded against for tax recovery when deductor deducted but not deposited tax, following Delhi HC precedent. CIT(A) failed to verify assessee's claim despite providing deductor details. ITAT remanded matter requiring AO verification of genuineness of claim before tax collection. en-us Tue, 12 Nov 2024 00:00:00 +0530 Thu, 14 Nov 2024 10:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761701 ITAT Cochin allowed the appeal for statistical purposes where assessee claimed tenant deducted TDS but failed to deposit with Central Government. The matter involved mismatch between tax credits claimed and allowed due to Form 26AS not reflecting TDS amounts. ITAT held that assessee cannot be proceeded against for tax recovery when deductor deducted but not deposited tax, following Delhi HC precedent. CIT(A) failed to verify assessee's claim despite providing deductor details. ITAT remanded matter requiring AO verification of genuineness of claim before tax collection. Case-Laws Income Tax Tue, 12 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761701